Nigeria's FX reserves up 4 pct in past month -cenbank data

Successful debt sales, including multiple Eurobond offerings this month, have helped the government accrue billions of dollars in foreign reserves, although they remain far from the peak of $64 billion in August 2008.

The government raised $2.5 billion in Eurobonds in February and expects more to follow. Nigeria’s forex buffer has climbed nearly 50 percent since last February when it stood at $29.3 billion. (Reporting by Chijioke Ohuocha)